INSURANCE NEWS
How Comp Fraud Probe at Florida’s Guarantee Insurance Led to Payroll, Tax Convictions
The name Guarantee Insurance is not one that is likely to be recalled with fondness by many Floridians. The workers’ compensation carrier in 2017 was declared insolvent, a rarity in what is one of the most profitable lines of insurance. …
Taylor to Lead Delaware Captive Bureau, Succeeding Kinion
Delaware has named Stephen Taylor, former insurance commissioner for the District of Columbia, as the next director of its captive bureau. Taylor will succeed Steve Kinion, who is leaving Sept. 30 when his contract expires. Taylor served as D.C. insurance …
Virginia Research Facility Shows How to Live With, Not Against, Rising Tides
NORFOLK, Va. — The Elizabeth River Project’s latest work doesn’t fight the rising tide. It will roll with it. The environmental group is constructing a 6,500-foot resilience lab along Colley Avenue and Knitting Mill Creek. The building has an intentional …
People Moves: MS Amlin’s Beazley Named CEO of SCOR UK, SCOR Syndicate; Aon Reinsurance Solutions Hires Goodman as UK President
This edition of International People Moves details appointments at SCOR and Aon Reinsurance Solutions. A summary of these new hires follows here. Former MS Amlin Exec Beazley Appointed CEO of SCOR UK, SCOR Syndicate SCOR announced the appointment of Chris …
Catastrophe Data Company PERILS Expands Coverage to Include European Flood
PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, has announced the expansion of its market coverage to include exposure and event loss data for European floods. The new service is in addition to PERILS’ windstorm coverage in …
Alera Group Acquires Louisiana’s jweinland Group Benefits
Alera Group announced the acquisition of jweinland Group Benefits, a full-service employee benefits firm specializing in the highest quality group benefits and self-funded insurance plans. “Our large and mid-market clients enjoy the flexibility of partial self-funding and we help them …
People Moves: JMBI Names Goldstein as President; VIAA Hires Pair of Commercial Marketers
JMB Insurance Agency Announces Goldstein’s Promotion to President JMB Insurance Agency, Inc., headquartered in Chicago, Illinois, has named Kimberly Goldstein as the firm’s inaugural president for strategic growth, helping to manage day-to-day operations of the firm. Goldstein brings nearly three …
Prescribed Fires at National Forests Resume After Review
The U.S. Forest Service is resuming its practice of intentionally lighting fires to clear brush and small trees from forested areas nationwide after a three-month hiatus to review the risks of runaway wildfires under increasingly severe climate conditions, the agency …
Brown & Brown Acquires Assets of Illinois’ VistaNational
Brown & Brown of Illinois, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Oak Brook, Illinois-based VistaNational. VistaNational was founded in 1996 by president and chief executive officer David N. Schwimmer, who …
Texas’ Scottish American Launches General Liability Program for Contractors
Scottish American, a wholesale insurance brokerage, managing general agency, and program manager based in Grapevine, Texas, announced that it has launched its new program, Contractors Guard, a general liability program designed exclusively for contractors with a focus on fast quoting …
Twitter Whistle-Blower Describes ‘Ticking Bomb’ of Security Gaps
Twitter Inc.’s security lapses were so grave that they threatened national security, the company’s former head of security-turned-whistle-blower told senators on Tuesday. Speaking before the Senate Judiciary Committee, Peiter Zatko, also known by his hacker name “Mudge,” said Twitter was …
Chili’s Locations in Texas, Arkansas Sued for Sexual Harassment of Teens
Two Chili’s Grill & Bar Restaurants in Arkansas and Texas subjected female employees, including teens, to sexually hostile work environments in violation of federal law, the U.S. Equal Employment Opportunity Commission charged in lawsuits filed in Little Rock and Dallas …